Caledonia Mining (CMCL) Return on Capital Employed (2010 - 2026)
Caledonia Mining (CMCL) reported Return on Capital Employed of 32.17% for Q1 2026, up 1982.0% year-over-year from 1.55% in Q1 2025, and down 14.19% quarter-over-quarter from 37.49% in Q4 2025.
Caledonia Mining (CMCL) Return on Capital Employed (2010 - 2026) Analysis & Trends
Caledonia Mining (CMCL) has 17 years of Return on Capital Employed data on file, last reported at 32.17% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 32.17%, up 1982.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 32.17% (up 1982.0% YoY), and the FY2025 annual result was 40.56%, up 2500.0% from the prior year.
- Return on Capital Employed declined to 32.17% in Q1 2026 per CMCL's latest filing, from 37.49% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 37.49% in Q4 2025 and troughed at 0.64% in Q3 2023.
- A 5-year average of 15.34% and a median of 12.35% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed tumbled 2065 bps in 2023, then surged 3011 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 17.91% in 2022, then sank by 79 bps to 3.82% in 2023, then jumped by 93 bps to 7.39% in 2024, then surged by 408 bps to 37.49% in 2025, then retreated by 14 bps to 32.17% in 2026.
- Business Quant data shows CMCL's Return on Capital Employed at 32.17% in Q1 2026, 37.49% in Q4 2025, and 32.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -5.02% |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 9.05% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 9.04% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 22.92% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | - |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 21.10% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Caledonia Mining | 3.10 Mn | -158.05 Mn | 32.10 Mn | 32.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.17% |
| Dec 31, 2025 | 37.49% |
| Sep 30, 2025 | 32.78% |
| Jun 30, 2025 | 28.26% |
| Mar 31, 2025 | 12.35% |
| Dec 31, 2024 | 7.39% |
| Sep 30, 2024 | 3.51% |
| Jun 30, 2024 | 3.79% |
| Mar 31, 2024 | 7.05% |
| Dec 31, 2023 | 3.82% |
| Sep 30, 2023 | 0.64% |
| Jun 30, 2023 | 1.73% |
| Mar 31, 2023 | 9.23% |
| Dec 31, 2022 | 17.91% |
| Sep 30, 2022 | 21.30% |
| Jun 30, 2022 | 21.90% |
| Mar 31, 2022 | 19.43% |
| Dec 31, 2021 | 19.37% |
| Sep 30, 2021 | 19.35% |
| Jun 30, 2021 | 18.33% |